With environmental focus becoming a bigger issue as time goes by, selling high grade ore with high lump will become even more lucrative. FEX isn’t being given much any EV at all for the grade of ore we have.
If China is serious about environmental issues, which IMO I don’t think they are, it is all tokenism, the premiums for >62% ore should only increase in time.
And if China really wanted to hurt Australia, place a tax on ore <62%. But time will tell
With environmental focus becoming a bigger issue as time goes...
Add FEX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
30.5¢ |
Change
0.015(5.17%) |
Mkt cap ! $211.8M | |||
| Open | High | Low | Value | Volume |
| 29.0¢ | 30.5¢ | 28.5¢ | $1.208M | 4.067M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 517334 | 9 |
View Market Depth
| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
|
|||||
|
Last
30.5¢ |
Change
0.015 ( 7.02 %) |
||||
| Open | High | Low | Volume | ||
| 29.0¢ | 30.5¢ | 29.0¢ | 638441 | ||
| Last updated 15.59pm 06/05/2024 ? | |||||
| FEX (ASX) Chart |